Australia's largest stock trading and investment forum Australia's #1 stock forum

VRC

Click for more information

0.00%

0.4¢ volt resources limited

Ann: Tanzanian Graphite - Investor Presentation, page-66

First 66 Last

Share
Profile

Follow
Peliatan

1,470 Posts.

54

22/06/17

23:53

Post #: 25442700
Share

Originally posted by Hulahoop ↑

Stage 2 does not exist without funding and binding offtake for stage 1. And funding will not exist for stage 1 if it does not make money producing 10-20ktpa.

A small scale operation clearly makes sense but the OPEX will be greater than US$550 per tonne. The issue is how much margin exists (if any) and furthermore what competition potentially stops VRC in its tracks. That's why I mentioned SVM and their recent scoping study with a US$300 per tonne OPEX. They make money under almost all pricing scenarios and can ramp up production to multiples of the scoping numbers if required. Volt cannot compete with those numbers. And resource size is where VRC went wrong before, it doesn't matter how big it is if you can't sell it. Look at the grade of SVM versus VRC. The cut off grade for SVM is higher than VRC's resource grade.

And then there is SYR, GPX, etcetera. Volt is one of the weakest in the bunch yet the cheer squad is one of the loudest.

Expand

YEP...and 2 mega Chinese Co's want VRC's material +++..... crazy world isn't it?....or have you just 'assumed' wrong again for the umteenth time here on HC? ...'Detractor v Mega Co's'...who do you really think we are going to believe?...IN VRC I TRUST...was that LOUD enough?

VRC Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

PTR

Petratherm adds $1.6 to the piggybank ahead of SA titanium drilling program

WMG

Western Mines identifies 2 high-grade zones at Mulga Tank in WA

WR1

Winsome scoping study proposes low-cost operation for Adina lithium project

ALR

Altair Minerals hits high-grade copper and gold at Wee MacGregor, QLD

SNG

Siren Gold boosts antimony resource by 66% to 14.5Kt at Auld Creek, NZ

There are more pages in this discussion • 2 more messages in this thread...

First 66 Last

Add VRC (ASX) to my watchlist

(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $16.63M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$1.4K	350K

Buyers (Bids)

No.	Vol.	Price($)
7	1031891	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	14597115	16

View Market Depth

No.	Vol.	Price($)
7	1031891	0.004
34	30695063	0.003
15	20051715	0.002
9	20167001	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	14597115	16
0.006	9207833	17
0.007	11063001	6
0.008	4989155	7
0.009	2471144	7

Last trade - 15.44pm 17/09/2024 (20 minute delay)

VRC (ASX) Chart